Zambia’s central bank said it refused to pay a ransom to a group known as Hive that was behind a cybersecurity breach that caused minimal damage to its systems. Bloomberg quotes the bank as saying that that it had suffered a suspected cyberattack, which disrupted some information technology applications on May 9, including its website and bureau de change monitoring system. The bank’s information and communications technology director however insisted that all their “core systems are still up and running,” and that “not much sensitive data [was] actually shipped out”.
